Taman Orkid (Mk 8)
19A, Jalan Tanjung Jaya 1, Taman Tanjung Aman, 12300 Butterworth, Pulau Pinang, Malaysia
19A, Jalan Tanjung Jaya 1, Taman Tanjung Aman, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid
|
RM 280,000
|
RM 183
|
1,528 sqft
|
|
|
|
Jalan Orkid
|
RM 320,000
|
RM 205
|
1,561 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 194 psfMedian transaction price
19A, Jalan Tanjung Jaya 1, Taman Tanjung Aman, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman Orkid (Mk 8) in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 300K and a median price per square foot (PSF) of RM 194.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 280K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 194, with most transactions between RM 183 and RM 205. The usual range is RM 180.26 to RM 207.76, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.